Bill > H4363

This bill authorizes the commissioner of capital asset management and maintenance to sell a 3,500-square-foot parcel of land currently used by Massachusetts Bay Community College in Wellesley to Kimberlee A. Dow or her successors. The land will be sold at fair market value, with an independent appraisal to be reviewed by the inspector general to ensure proper valuation. All transaction costs will be the responsibility of the buyer. The proceeds from the sale will be deposited into a newly established scholarship trust fund called the Massachusetts Bay Community College Oakland Circle Scholarship trust, which will be administered by the college president and used exclusively for student scholarships. The bill is considered an emergency measure to facilitate the immediate transfer of the land, and it bypasses standard state land transfer regulations. The specific parcel is identified on a draft survey plan and is currently being used for community college purposes. The commissioner has the authority to determine the exact boundaries of the parcel, and the sale will be conducted without specific representations or warranties.

Budget and Finance

House Committee on Ways and Means (House)

https://malegislature.gov/Bills/194/H4363